Top 7 Trends Orthopedic Practices Will Face in 2024

In 2024, ongoing revenue challenges are expected to intensify for orthopedic practices. Between inflation, economic uncertainty, increasing staffing costs and Medicare payment reductions — orthopedic practices will need to find ways to get ahead next year.

Whether you’re trying to expand your practice in 2024 or simply streamline and optimize your operations, see the top 7 trends that will impact your efforts.

  1. Time in Accounts Receivable is Steadily Increasing
  2. Non-Urgent Orthopedic Surgeries are on the Rise
  3. Minimum Wage Increases for Healthcare Workers Spike Practice Costs
  4. Rising Medicare Reimbursement Cuts Continue to Slash Earnings
  5. Physician Shortages are Increasing Orthopedic Demand & Time-to-Care
  6. A Surge for Compassionate Collections is Here
  7. Orthopedic Patients are Urgently Pushing for Modern Clinical Intake

Download the guide and find out how your practice can earn more while improving overall operations and efficiencies in 2024.